Intel's New Acquisition Helps Build on Its Artificial
Just two months after
) acquired the Israeli gesture-based technologies company Omek, the
tech giant has bought Indisys, a Spanish natural language
recognition company. Both acquisitions are big strides forward for
the company's development of artificial intelligence technology.
Maya, one of Indisys' intelligent assistant interfaces
Though the exact details of the Indisys deal have not been
confirmed, it was reportedly "north" of $26 million. Indisys, based
in Seville, Spain, develops computer technology that recognizes
language and can respond fluently and with common sense. Moreover,
the company develops intelligent assistant interfaces, like
) Siri and
) Cortana, which is still in its early development. (For more on
Microsoft Creates Answer to Apple's Siri?
Intel likely acquired Indisys as part of its larger venture into 3D
visualization and so-called "perceptual computing," which is
Intel's term for the full deployment of quality gesture, touch,
voice, and other AI sensory tech as part of the computing
This is not the first time that Intel has worked with Indisys; last
November, Big Blue's venture arm, Intel Capital, spearheaded a $5
million Series A investment in Indisys.
Best Buy's Trade-In Deal Offers Customers a Free iPhone
Until September 15,
) will let you trade your old smartphone (yeah, we're talking
old) for a brand-new iPhone 5. With the launch of the new iPhone 5C
imminent and subsequent discontinuation of the 5, Best Buy is
giving consumers an excellent opportunity while clearing out its
If you aren't looking to upgrade to the 5C or the 5S, this is a
pretty good deal. Best Buy is offering a $100 minimum trade-in
working smartphone as long as customers switch to the iPhone 5 and
a two-year contract with
(VZ). Tthe 5C will go on sale next week for $99 with a two-year
contract. If you bring an old smartphone into Best Buy, you can get
the old iPhone 5 for free. Are the 5C's bright colors and extended
battery life worth $99? You'll have to decide soon because the new,
more colorful iPhone will be on shelves next week, which means that
its predecessor won't be.
If you own the aforementioned Palm Pre, Best Buy is offering you a
heck of a deal. That smartphone, launched in 2009, is currently
worth only $.75 on
(AMZN). At Best Buy right now, you're guaranteed $100 in credit.
Plus, if your phone is worth more than $100, Best Buy will make up
the difference with a gift card.
After Going Private, Dell Will Focus on Expanding Sales
Capacity and Emerging Markets
After shareholders approved his $25 billion buyback offer
(DELL) founder and CEO Michael Dell said in an
with CNBC today that once his company goes private, his focus will
be on expanding sales capacity, growing exposure in emerging
markets, and expanding development and production of tablets. This
comes just days after billionaire activist investor Carl Icahn
announced that he was stepping down from the long takeover battle
he has waged with Michael Dell.
Moreover, Dell said that he would shift the company from having an
entrenched quarterly focus to "a longer-term, five-year, ten-year
focus, doubling down on the investment." He also specified that he
does not see the company entering the cellphone market, but that
its main business will be in enterprise. Dell told CNBC that his
company is focused on "powering those clouds that are being fueled
by this enormous explosion of mobile devices."
New Consoles Have Already Spurred Jump in Video Game
According to the
Wall Street Journal,
sales of video games, consoles, and accessories have risen 1% in
the US since last year. This marks the first time in two years that
the industry has not seen a decline in sales. The collective
industry sales came in at $521 million, with $305 million of that
coming from games, representing a 21% increase.
Some of the biggest contributors to that growth have been
, the latest installment in its long-running football franchise,
, a game that ties physical and purchasable toys to video gameplay.
This spike is likely to continue upwards, as November will bring
the release of new consoles: Microsoft's Xbox One and
(SNE) PlayStation 4. Though last year's release of
(OTCMKTS:NTDOY) latest console, the Wii U, did little to
reinvigorate the market for gaming, analysts and video game experts
have much more hope for the next generation offerings from
Microsoft and Sony. In fact, Sony has already pre-sold over one
million units of PlayStation 4.
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